Get started
Litecoin
Short

#LTCUSD

By Afiqo
After a recent bearish break out, price is consolidating below previous support(red line). Potential selling opportunity for price to react to the red line for a structure based trade. Wait for price to enter previous support zone before setting a sell stop @79.73 . Stop loss goes above previous high, and target is 390 satoshis for a risk/reward of 1.3.
riskrewardsellsetupshortsetupSupport and ResistanceTrend Analysis
Afiqo

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.